Shiba Inu Coin Remains Hot: On-Chain Data Shows Bullish Signals

Beginner5/20/2025, 5:05:33 AM
Shiba Inu Coin recently experienced price fluctuations and consolidation, on-chain indicators show stable sentiment among holders, supporting its market position as a mainstream Meme coin. This article analyzes the latest market trends and potential opportunities.

Recent price fluctuations of SHIB


Image:https://www.gate.io/trade/SHIB_USDT

Since mid-May 2025, the price of Shiba Inu Coin has roughly fluctuated between $0.000014 and $0.000015, showing a typical sideways consolidation phase. Such consolidation is usually seen as the market digesting the previous gains.

Looking back at the previous uptrend, SHIB has recorded a growth of more than 20% in a few days. However, recently, influenced by external macroeconomic sentiment, the market has entered a period of observation, and investors’ risk appetite has generally decreased. Nevertheless, this adjustment has not disrupted its key support area, indicating that the price foundation remains relatively solid.

Why is the market still focused on Shiba Inu Coin?

As one of the most representative Meme tokens, shiba inu coin has had a large community support and high-frequency social media exposure since its inception. Compared to other Meme coins, SHIB’s biggest advantage lies in its ecosystem scalability — including Layer2 networks, NFT projects, DeFi tools, etc., which have brought relatively rich application scenarios.

Furthermore, as more and more trading platforms support the derivative trading of SHIB, its market liquidity and user base continue to expand. This comprehensive influence allows SHIB to maintain high popularity even during market adjustments.

What signals does on-chain activity release?

From the on-chain perspective, SHIB’s transfer activity has remained stable in the past week, with no signs of large-scale transfers or liquidation from long-term wallet addresses. This behavior is interpreted as a ‘long-term bullish’ sentiment, indicating that some long-time users continue to hold rather than sell in the short term. Another indicator worth noting is ‘Dormant Token Movement,’ which refers to whether dormant SHIB tokens that have not been active for a long time are becoming active again. Recent data shows that the majority of Dormant SHIB tokens are still dormant, indicating that there is no trust crisis or panic in the market.

These data collectively convey a signal: despite the short-term consolidation of SHIB, the confidence of core holders remains unshaken.

How should investors view the phased performance of SHIB?

For ordinary investors, especially novice users, the current trend of Shiba Inu Coin may not present significant short-term trading opportunities. However, its stability and community stickiness make it relatively ‘safe’ in the volatile Meme market. From a technical perspective, if SHIB can continue to hold the support range of 0.0000145 US dollars to 0.000015 US dollars and maintain stability by combining on-chain data, there is a possibility that it may lead the market again when it warms up in the future.

Of course, for beginners, the proportion of holdings should be controlled within a reasonable range to avoid bearing excessive risk due to the high volatility of meme coins themselves.

The future potential and risks of Shiba Inu Coin

Looking ahead, the future of SHIB is not only related to market sentiment, but also closely related to the progress of its ecosystem expansion. If the development team can continue to push for functionality upgrades (such as more practical applications, community DAOization, on-chain games, etc.), it will help to give it more intrinsic value and enhance its ability to withstand downturns.

However, Meme coins always carry a strong element of market speculation. Once the overall funding situation tightens or regulatory sentiment changes, similar assets may still experience drastic fluctuations. Therefore, rational participation, combined with individual investment goals and risk tolerance, is an issue that every SHIB user needs to pay attention to.

Conclusion

Despite the current market environment being full of uncertainty, shiba inu coin still maintains its popularity with community support, ecosystem construction, and on-chain resilience. During the price consolidation phase, stable on-chain behavior and active community provide conditions for subsequent rebound.

Whether you are a short-term speculator or hope to participate in the development of the Meme sector through low-level layout, you can consider SHIB as a target worth continuous observation. But remember: allocate positions reasonably, avoid emotional trading, and seize real opportunities in the volatility.

Autor: Max
* La información no pretende ser ni constituye un consejo financiero ni ninguna otra recomendación de ningún tipo ofrecida o respaldada por Gate.
* Este artículo no se puede reproducir, transmitir ni copiar sin hacer referencia a Gate. La contravención es una infracción de la Ley de derechos de autor y puede estar sujeta a acciones legales.

Shiba Inu Coin Remains Hot: On-Chain Data Shows Bullish Signals

Beginner5/20/2025, 5:05:33 AM
Shiba Inu Coin recently experienced price fluctuations and consolidation, on-chain indicators show stable sentiment among holders, supporting its market position as a mainstream Meme coin. This article analyzes the latest market trends and potential opportunities.

Recent price fluctuations of SHIB


Image:https://www.gate.io/trade/SHIB_USDT

Since mid-May 2025, the price of Shiba Inu Coin has roughly fluctuated between $0.000014 and $0.000015, showing a typical sideways consolidation phase. Such consolidation is usually seen as the market digesting the previous gains.

Looking back at the previous uptrend, SHIB has recorded a growth of more than 20% in a few days. However, recently, influenced by external macroeconomic sentiment, the market has entered a period of observation, and investors’ risk appetite has generally decreased. Nevertheless, this adjustment has not disrupted its key support area, indicating that the price foundation remains relatively solid.

Why is the market still focused on Shiba Inu Coin?

As one of the most representative Meme tokens, shiba inu coin has had a large community support and high-frequency social media exposure since its inception. Compared to other Meme coins, SHIB’s biggest advantage lies in its ecosystem scalability — including Layer2 networks, NFT projects, DeFi tools, etc., which have brought relatively rich application scenarios.

Furthermore, as more and more trading platforms support the derivative trading of SHIB, its market liquidity and user base continue to expand. This comprehensive influence allows SHIB to maintain high popularity even during market adjustments.

What signals does on-chain activity release?

From the on-chain perspective, SHIB’s transfer activity has remained stable in the past week, with no signs of large-scale transfers or liquidation from long-term wallet addresses. This behavior is interpreted as a ‘long-term bullish’ sentiment, indicating that some long-time users continue to hold rather than sell in the short term. Another indicator worth noting is ‘Dormant Token Movement,’ which refers to whether dormant SHIB tokens that have not been active for a long time are becoming active again. Recent data shows that the majority of Dormant SHIB tokens are still dormant, indicating that there is no trust crisis or panic in the market.

These data collectively convey a signal: despite the short-term consolidation of SHIB, the confidence of core holders remains unshaken.

How should investors view the phased performance of SHIB?

For ordinary investors, especially novice users, the current trend of Shiba Inu Coin may not present significant short-term trading opportunities. However, its stability and community stickiness make it relatively ‘safe’ in the volatile Meme market. From a technical perspective, if SHIB can continue to hold the support range of 0.0000145 US dollars to 0.000015 US dollars and maintain stability by combining on-chain data, there is a possibility that it may lead the market again when it warms up in the future.

Of course, for beginners, the proportion of holdings should be controlled within a reasonable range to avoid bearing excessive risk due to the high volatility of meme coins themselves.

The future potential and risks of Shiba Inu Coin

Looking ahead, the future of SHIB is not only related to market sentiment, but also closely related to the progress of its ecosystem expansion. If the development team can continue to push for functionality upgrades (such as more practical applications, community DAOization, on-chain games, etc.), it will help to give it more intrinsic value and enhance its ability to withstand downturns.

However, Meme coins always carry a strong element of market speculation. Once the overall funding situation tightens or regulatory sentiment changes, similar assets may still experience drastic fluctuations. Therefore, rational participation, combined with individual investment goals and risk tolerance, is an issue that every SHIB user needs to pay attention to.

Conclusion

Despite the current market environment being full of uncertainty, shiba inu coin still maintains its popularity with community support, ecosystem construction, and on-chain resilience. During the price consolidation phase, stable on-chain behavior and active community provide conditions for subsequent rebound.

Whether you are a short-term speculator or hope to participate in the development of the Meme sector through low-level layout, you can consider SHIB as a target worth continuous observation. But remember: allocate positions reasonably, avoid emotional trading, and seize real opportunities in the volatility.

Autor: Max
* La información no pretende ser ni constituye un consejo financiero ni ninguna otra recomendación de ningún tipo ofrecida o respaldada por Gate.
* Este artículo no se puede reproducir, transmitir ni copiar sin hacer referencia a Gate. La contravención es una infracción de la Ley de derechos de autor y puede estar sujeta a acciones legales.
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